Disruptions to business activities caused by natural disasters, accidents, infectious diseases, and travel or activity restrictions
First written in FY2019. 2 of 7 entries say "Materialised", first in FY2020-Q3. Latest entry: FY2024-Q1.
Cross Marketing Group moved to the "Worse" side of this theme in 2020.
1 other company's latest entry also says "Mitigated".
- FY2024-Q1MitigatedAnnual report
「The direct impact of COVID-19 on economic activity has been largely eliminated, and the normalisation of economic activity has progressed further.」
The direct impact of the pandemic on economic activity was described as largely eliminated, indicating that the previously identified risks related to infectious disease and activity restrictions have eased to some extent. Meanwhile, other uncertainties in the external environment continue. - FY2022WorsenedAnnual report
「The Company has made accounting estimates and judgments based on information currently available. However, there are many uncertainties regarding the spread of COVID-19 and the impact of the situation in Russia and Ukraine, and depending on how these situations develop, they may affect the Group's future financial position and operating results.」
In addition to the pandemic, the impact of the situation in Russia and Ukraine has been explicitly identified as an uncertainty affecting accounting estimates, the financial position and operating results. - FY2022-Q1RestatedAnnual report
「During the three-month period of the current fiscal year, the Japanese economy remained in a difficult condition as economic activity stagnated due to the effects of COVID-19, which had continued since the previous year.」
Although the stagnation of economic activity caused by the spread of infectious disease has continued, signs of recovery have emerged in Japan due to vaccinations and various government policies. - FY2020MaterialisedAnnual report
「During the current consolidated fiscal year, the Japanese economy recorded a historic downturn due to the spread of COVID-19 and restrictions such as declarations of a state of emergency. Although economic activity gradually resumed after the declarations were lifted, conditions remained difficult because of the renewed spread of the disease and uncertainty over when it would subside. In the global economy, although some regions gradually resumed economic activity, economic activity remained severely restricted in many major overseas cities, creating a difficult economic environment both in Japan and overseas.」
The risks related to natural disasters, infectious diseases and activity restrictions materialised during the full year through COVID-19, declarations of a state of emergency and restrictions on economic activity in overseas cities. - FY2020-Q4WorsenedAnnual report
「During the six-month period of the current fiscal year, the Japanese economy deteriorated rapidly as economic activity was severely restricted by the spread of COVID-19 and the resulting declarations of a state of emergency. The global economy also contracted sharply, with lockdowns imposed in many major overseas cities due to the pandemic, and the outlook in Japan and overseas remains uncertain.」
The risks associated with Japan's state of emergency declarations, overseas city lockdowns and severe restrictions and contraction in economic activity resulting from COVID-19 have materialised, making the business environment risks more concrete. - FY2020-Q3MaterialisedAnnual report
「The spread of COVID-19 may affect the Group's financial position, operating results and other matters depending on how the situation develops. The Company will continue to monitor changes in the situation and take appropriate action.」
In addition to the previously identified general risks related to infectious diseases and activity restrictions, the spread of COVID-19 has progressed in practice, and its potential impact on the financial position and operating results has been explicitly stated. - FY2019First statedAnnual report
「If a natural disaster, sudden accident or serious infectious disease outbreak occurs, the business activities of the Company's head office and the locations of its Group companies may be disrupted, potentially affecting business performance. In addition, if travel or activity restrictions are imposed in Japan or overseas, business performance may be affected because sales activities and the conduct of on-site project research may become difficult.」
Natural disasters, accidents and infectious disease outbreaks, together with resulting travel and activity restrictions, have been disclosed as new risks that could impede sales activities and on-site project research.